* First trading day of march - NASDAQ closed above 5000 for the first time in 15 years
* Each time the market goes up with crazy valuations, pundits say, "This time it's different."
* This time the Fed is under more pressure to create the illusion of prosperity
* Today's rally came against the backdrop of weak economic data
* The only way this bubble won't burst is if the Fed intervenes with more stimulus
* Bubbles force you to make an important decision:
* Look like a fool before they pop, or look like a fool after they pop
* It doesn't matter how much money you make, it's how much money you keepOur Sponsors:* Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.comPrivacy & Opt-Out: https://redcircle.com/privacy
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Peter Schiff is an economist, financial broker/dealer, author, frequent guest on national news, and host of the Peter Schiff Show Podcast. The podcast focuses on weekly economic data analysis and unbiased coverage of financial news, both in the U.S. and global markets. As entertaining as he is informative, Peter packs decades of brilliant insight into every news item. Join the thousands of fans who have benefited from Peter's commitment to getting the real story out to the world.